Shoshoni joins rush in Yukon

The Ross River area in the Yukon continues to attract considerable attention, thanks to its potential for hosting polymetallic massive sulphides.

Consolidated Shoshoni Gold (VSE) has joined the suite of exploration companies active in the area by acquiring the St. Cyr property. Shoshoni will issue 100,000 shares and pay $15,000 for the interest, with the vendor retaining a 2% net smelter return royalty.

Comprising 825 acres, the property covers a partially defined massive sulphide zone. It contains numerous geophysical and geochemical anomalies, as well as pyritic massive sulphide boulders grading up to 0.36 oz. gold and 0.5 oz. silver per ton.

Historic drill results include: 11.7 ft. grading 9% lead and 5% zinc, plus 0.047 oz. gold and 6.4 oz. silver; and 7.5 ft. grading 8% lead and 1.1% zinc, plus 0.28 oz. gold and 6.2 oz. silver.